Manicure or pedicure preparations market in Finland

Earlier Report Observations

The market for manicure or pedicure preparations in Finland showed considerable growth between 2018 and 2024, increasing in value from $7.1 million to $10.9 million. This overall expansion was interrupted only in 2020, when the market size contracted to $7.7 million.

Following the 2020 dip, the market recovered swiftly, reaching $8.8 million in 2021 and then continuing on an upward trajectory. The growth accelerated in the later years, with the market value exceeding $10 million in 2023.

The final years of the period from 2021 to 2024 were marked by sustained increases, culminating in a market size of $10.9 million, which represents an addition of over $2 million in value since the post-2020 recovery began.

Production manicure or pedicure preparations in Finland

In value, 2017-2020, K $ US

Finland's production of manicure and pedicure preparations has grown for the third year in a row. In 2020, output reached 1 429 thousand US dollars, marking a 35.0% increase from 2019. Over the 2017-2020 period, production surged by 138.7%, with an average annual growth rate of 33.6%.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

Exports manicure or pedicure preparations from Finland

Exports in kind, K unit

The market exhibited volatility during the observed period. Exports hit a low in 2019 at 43 thousand units, then rebounded to 99 thousand units in 2020, a 129.3% year-over-year rise. From 2017 to 2019, exports varied by a factor of five, with the sharpest decline of 63.9% occurring in 2019.

Annual dynamics of product's exports from Finland in kind, 2017-2020, K unit

From 2017 to 2020, Russia was the top destination for Finland's manicure and pedicure preparations exports in volume, accounting for 51.7% of the total. Estonia followed with 24.0%, and Norway with 8.1%. Together, these three countries made up 83.9% of Finland's export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

Finland's exports of manicure and pedicure preparations in value terms stood at 182 thousand US dollars in 2020, down 48.4% from the previous year. Over the 2017-2020 period, exports fell by 57.2%, equivalent to an annualized decline of 24.7%. The largest increase was recorded in 2019 at 5.4%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

From 2017 to 2020, Russia remained the leading buyer of Finland's manicure and pedicure preparations in value, representing 51.2% of exports. Estonia accounted for 18.2%, and Sweden for 12.5%. Combined, these three markets formed 81.9% of Finland's total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports manicure or pedicure preparations to Finland

Imports in kind, K unit

Import volumes showed irregular changes, reflecting a volatile market. They peaked in 2017, then dropped to a low of 538 thousand units in 2019—a tenfold difference. In 2020, imports surged to 4 520 thousand units, a 739.5% increase from the previous year. The steepest decline of 89.8% occurred in 2019.

Annual dynamics of product's imports to Finland in kind, 2017-2020, K unit

Between 2017 and 2020, no single market dominated Finland's imports of manicure and pedicure preparations in volume. Germany led with 23.2%, followed by France at 11.1%, and the Netherlands at 8.5%. Together, these three countries accounted for 42.8% of total imports, with many smaller partners holding modest shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, K $ US

Finland imported manicure and pedicure preparations worth 7 367 thousand US dollars in 2019, the highest value in the period, marking a 10.0% increase that year. In 2020, imports fell to 12.5% below the previous year's level. Over 2017-2020, imports decreased by 6.9%, with an average annual decline of 2.3%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

From 2017 to 2020, no single market was dominant in Finland's imports of manicure and pedicure preparations in value. Sweden was the largest source at 18.1%, followed by Switzerland at 12.8%, and Germany at 11.5%. These three countries together made up 42.4% of total import value, with numerous smaller partners contributing modest shares.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020